Day: June 3, 2024

Former BrahMos Engineer Nishant Agarwal Receives Life Imprisonment for Espionage

Manish Kumar

A Nagpur Court has pronounced life imprisonment for Nishant Agarwal, a former engineer at BrahMos Aerospace, on charges of espionage for Pakistan’s Inter-Services Intelligence (ISI). The court found Agarwal guilty under sections 3 and 5 of the Official Secrets Act (OSA) and levied a fine of Rs 3000, along with a rigorous imprisonment (RI) term of 14 years. Agarwal’s conviction stems from his arrest in 2018 during a joint operation by military intelligence and Anti-terrorism squads (ATS) of Uttar Pradesh and Maharashtra. Investigating officers revealed that Agarwal was in contact…

Modi’s Bold Economic Blueprint: Propelling India to Manufacturing Eminence

Manish Kumar

In the backdrop of India’s pivotal electoral phase, Prime Minister Narendra Modi unveils a sweeping economic agenda poised to revolutionize the nation’s industrial landscape. With a resounding electoral mandate looming, Modi’s post-election reforms signal a transformative shift towards positioning India as a global manufacturing powerhouse, poised to rival China’s dominance in the sector. This comprehensive analysis delves into the intricacies of Modi’s economic blueprint, highlighting the measures set to drive India’s industrial renaissance. Modi’s Vision for Economic Transformation: At the core of Modi’s economic vision lies a steadfast commitment to…

HUDCO Achieves Remarkable Financial Success in FY 2023-2024, Eyes Continued Growth

Manish Kumar

In a momentous announcement, the Housing and Urban Development Corporation Limited (HUDCO) revealed its audited financial results for the fiscal year 2023-2024, marking a period of unprecedented growth and exceptional performance across various financial metrics. Key Financial Highlights: Loan Sanctions: HUDCO witnessed a remarkable upsurge in loan sanctions, reaching an impressive figure of Rs. 82,387 crores in FY24, reflecting a substantial increase compared to the previous fiscal year’s Rs. 24,572 crores. Loan Disbursements: The corporation achieved a significant milestone with its highest-ever loan disbursements, totalling an impressive Rs. 17,987 crores during FY24,…

Claudia Sheinbaum Makes History as Mexico’s First Female President

Manish Kumar

Claudia Sheinbaum’s decisive win in the historic election marks a monumental moment in Mexico’s political landscape. In a resounding affirmation of her candidacy, Sheinbaum clinched between 58.3% and 60.7% of the vote, according to preliminary statistical samples. As the first woman to hold the highest office in the nation’s history, she symbolizes resilience, determination, and a resolute commitment to gender equality. Sheinbaum’s ascent to the presidency signifies a paradigm shift in Mexico’s societal fabric. Aligned with the vision of her mentor, President Andrés Manuel López Obrador, Sheinbaum champions a platform…

BJP Secures Third Consecutive Victory in Arunachal Pradesh with 46 Seats; SKM Retains Power in Sikkim with 21 Seats

Manish Kumar

In a remarkable electoral feat, the Bharatiya Janata Party (BJP) clinched its third consecutive victory in Arunachal Pradesh. While the BJP emerged as the dominant force in Arunachal Pradesh, other political parties secured a limited share of seats. Simultaneously, the Sikkim Krantikari Morcha (SKM) retained power in Sikkim, asserting its dominance with a commanding victory in 21 out of the 32 assembly seats. Turning to Sikkim, the SKM reaffirmed its popularity by securing a decisive victory, winning 21 out of the 32 assembly seats. The electoral outcomes in both Arunachal…

Mamata Disputes Exit Polls as Sonia Gandhi Takes a Cautious Stance: A Prelude to Election Outcomes

Manish Kumar

The recent exit poll numbers have triggered a spectrum of reactions from two formidable figures: Mamata Banerjee and Sonia Gandhi. Mamata’s Discontent with Exit Poll Figures. Mamata Banerjee has openly expressed her skepticism regarding the exit poll numbers, particularly those projecting substantial gains for the BJP in West Bengal. Mamata dismissed the exit poll projections as “fake,” asserting her disbelief in the forecasted outcomes. Sonia Gandhi’s Cautious Optimism Sonia Gandhi refrained from making sweeping statements or dismissing the poll projections outright. Instead, she urged patience, stating, “We have to wait,…

Stocks Surge to Record Highs as Exit Polls Forecast BJP Victory: Sensex and Nifty Reach New Milestones

Manish Kumar

The Indian stock market witnessed an extraordinary surge today as exit polls projected a decisive victory for the BJP in the ongoing elections. In the early hours, the Sensex surged over 2,000 points, marking one of its most significant jumps in recent years and  the Nifty recorded its largest leap in four years. Leading the market rally were stocks such as Adani Ports, Adani Enterprises, Power Grid, Shriram Finance, and NTPC, which witnessed substantial gains. Within the Sensex, stocks such as Tata Steel, Bajaj Finance, HDFC Bank, and ICICI Bank…

Exit Polls Predict Massive Win For BJP-Led NDA In LS Polls Sensex, Nifty Hit All-Time High Levels As

Manish Kumar

Benchmark equity indices Sensex and Nifty surged nearly 4 per cent in early trade on Monday to hit their fresh all-time high levels after exit polls predicted a massive win for the BJP-led NDA in the Lok Sabha polls. The 30-share BSE Sensex jumped 2,777.58 points or 3.75 per cent to hit a record peak of 76,738.89 in early trade. The NSE Nifty rallied 808 points or 3.58 per cent to hit a fresh all-time high of 23,338.70. Exit polls on Saturday predicted that Prime Minister Narendra Modi will retain…

COUNTING OF VOTES FOR ALL SEVEN PHASES OF LOK SABHA ELECTIONS TO BEGIN FROM 8 AM TOMORROW

Manish Kumar

The counting of votes for  the Lok Sabha elections will take place on tomorrow. The counting of votes for  Assembly polls in  Andhra Pradesh and Odisha and bye-elections to Assembly Constituencies will also be held on the same day. The Counting will begin from 8 AM onwards. General elections were held in from 19 April to 1 June 2024 in seven phases, to elect all 543 members of the Lok Sabha. The votes will be counted and the results will be declared tomorrow. The Election Commission said that the counting…

TRANSACTIONS SET NEW UPI RECORD, SCALE 14.04 BILLION PEAK IN MAY

Manish Kumar

Unified Payment Interface (UPI) transactions clocked a new high in value in May by processing 14.04 billion transactions worth 20.45 trillion rupees. This was a six per cent increase compared to 13.30 billion in April in terms of volume and 4 per cent in value terms against 19.64 trillion rupees in April. Data shared by the National Payments Corporation of India (NPCI) said that the May figures were 49 per cent up in volume and 39 per cent up in value compared to the same month in 2023. May numbers…